Payday loan provider money America fined over claims of robo-signing, gouging armed forces users For 5 years, workers at money America, among the country’s largest payday loan providers, had been told to stamp a lawyer’s signature on court papers utilized to sue customers for past-due debts. This “robo-signing” assisted the business improperly fit cash away from at the least 14,397 People in the us, who are eligible for vast amounts in restitution, the customer Financial Protection Bureau stated Wednesday. The federal government watchdog stated it had reached a $19 million settlement with Cash America for the people as well as other abusive practices — its first by having a short-term, small-dollar loan provider. The bureau additionally discovered cases of money America billing service that is active-duty and their loved
